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The success of an insurance company is dependent on its ability to make and manage high volumes of payments efficiently and securely, but the industry is facing various factors that make this challenging.

Insurance companies are aware of the need to improve payment processes, but are faced with:

  • Difficulty providing explanations of payments along with claims payments
  • Continued reliance on checks for claims
  • Providing clients and other payees with funds in a timely manner

..and much more.

Did You Know?

58% of insurance executives acknowledged they are behind with digital technology.

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